The goal is to fill graveyardsyours and your opponentswith prime targets for The Mimeoplasm to copy
As Wanderwine Farewell is resolving, you'll create Merfolk tokens if you control a Merfolk kindred (or perhaps a kindred permanent with changeling), but Wanderwine Farewell won't count for itself, even though it is a Merfolk spell you control
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Typically it is an odd kind of filler being part ramp and part threat you can use it in ramp decks to give you list greater depth
Final Verdict The Lord of the Rings set blends format staples with breathtaking collectibles
Assuming your opponent tries to stop it as soon as you lose a flip, with Krark's Thumb out you have a 17.80% chance to drain 31 life (13.35% chance to drain 62!), but unlike most of the other coin flip cards it's not all-or-nothing, you still drain for each previous flip you won